HIPGROUP

What is Performance Management?



Performance Management is a process of establishing a shared employee understanding about what is to be achieved at an organisation level.

The Steps

• Planning performance
• Managing performance
• Reviewing performance
• Rewarding performance

Planning Performance

Make your Objectives S.M.A.R.T

• Specific
• Measurable
• Attainable
• Relevant
• Time Based

What is Good Performance?

Managing Performance

Coaching and Mentoring

Creating Structure to Manage Performance

• Guideline
• Procedure
• Standard
• Policy

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Reviewing Performance

Flex for Generations

Coffee Chat - the New Model

Rewarding Performance

Total Reward Strategy

• Base / Fixed Salary
• Benefits
• Recognition
• Bonus / STI
• Equity / LTI

The Benefits

• Implement Organisational Goals
• Align and Integrate
• Facilitate continuous performance improvement
• Ensure clarity
• Continually Enhance
• Reduce Management Reluctance
• Facilitate Performance-based rewards
• Stay Legal ;-P

Poor Performance - Ability or Motivation?

Culture is King

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